• Digital Comics Platform ComiXology Acquired by Amazon

    The online sales giant, Amazon, recently announced the purchase of digital comics platform, comiXology, which is responsible for the popular iPad app “Comics” that consistently ranks near the top of the iOS App Store’s top grossing charts. Although Amazon didn’t disclose the exact terms of the comiXology acquisition, including price, the company did mention that the deal is expected to close in the second quarter of 2014. Amazon Vice President of Content Acquisition and Independent Publishing David Naggar said the following regarding the matter:

    Amazon and comiXology share a passion for reinventing reading in a digital world. We've long admired the passion comiXology brings to changing the way we buy and read comics and graphic novels. We look forward to investing in the business, growing the team, and together, bringing comics and graphic novels to even more readers.
    A statement from comiXology cofounder and CEO David Steinberger echoed Amazon’s sentiments. The comic platform is to retain its own identity as an Amazon subsidiary and will continue to operate out of its original headquarters in New York. Amazon will keep comiXology’s Comics iOS app in place for the foreseeable future but is likely working to integrate the comic reader’s technology into the Kindle Fire lineup according to The Verge. He said the following regarding the matter:

    With the Kindle, Amazon has shown a passion for reinventing the reading experience, just like comiXology has shown for comics and graphic novels.
    For those of you who didn’t know comiXology was founded in 2007 and won praise for “Guided View,” a patent-pending technology for reading made-for-print comics on a tablet. Aside from deals with a broad range of publishers, including Marvel and DC Comics, the company holds exclusive iOS content rights to major titles such as “The Walking Dead.” The Comics app is available on all major platforms including iOS, Android, Windows 8 and Kindle Fire.

    Source: comiXology, iTunes, The Verge
    This article was originally published in forum thread: Digital Comics Platform ComiXology Acquired by Amazon started by Akshay Masand View original post
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